Business in Ghana

We Understand the issues that make the News

Posts Tagged ‘Ghana’

Brand In The Gutter. Critical News, 22nd November 2015

Posted by Business in Ghana on November 22, 2015

Sydney Casely-Hayford, sydney@bizghana.com

How are we going to get from here to somewhere? Just when you think things cannot get any worse, our Government manages to reach a new low, pulling our value down with such careless abandon, it can’t be proper.

This week was the week for the NDC primaries. Postponed for two weeks for their own reasons, it seemed the country was just tolerating any announcements and excuses we were offered. But the day came, and it did not disappoint.

I have to state that some persons in this country, true patriots and dedicated citizens laid down their lives to achieve a certain standard they felt was adequate for purpose. Even as a small precocious country in Sub-Sahara Africa with very little to show except for plenty gold and many pods of cocoa, we grew an image in prickly speeches and stand-offs against colonial empires in order to demand we manage our own affairs, given half a chance.

Well, we have not managed too well, but we seemed to be coming along with peaceful transitions in democracy and even with a failing national sport, we still commanded a better than worst nation tag.

But now? All this week, the NDC primaries have fed us a diet of ballot box snatching, disappearing names in registers, small boys fighting big veterans, trading accusations and chanting war songs, candidate names not seen at certain polling stations, a microcosm of the bigger general election to come later next November.

And while we are on the subject, how long should it take the EC to read the recommendations her office organized and tell us whether we are on the way to do the sensible thing and compile a new register? Since she received the report, “we are still studying it?” These voting problems? Is it the EC or the NDC who failed? Or did they do it together as always? Read the rest of this entry »

Advertisements

Posted in Critical Weekly News, Sydney Casely-Hayford, Uncategorized | Tagged: , , , , , | Leave a Comment »

World Bank Group Commits US$ 5 Billion to Boost Electricity Generation in Six African Countries

Posted by Business in Ghana on August 6, 2014

WASHINGTON, August 5, 2014 – The World Bank Group today committed $5 billion in new technical and financial support for energy projects in six African countries– Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania_which have partnered with President Obama_s Power Africa initiative. 
Making the announcement on the second day of the 1st US-Africa Summit, World Bank Group President, Dr. Jim Yong Kim, said the new financial commitment was urgently needed to generate more electricity for the people of Africa, 600 million of whom have no access to electricity, despite the fact that Africa possesses some of the world_s largest hydropower, geothermal, wind and solar potential, as well as significant oil and natural gas reserves.

We think that the U.S. Power Africa initiative will play an extremely important role in achieving the goal of providing electricity for Africa. So today I’m very pleased to announce that the World Bank Group, following President Obama’s lead, will partner with Power Africa by committing $5 billion in direct financing, investment guarantees, and advisory services for project preparation in Power Africa’s six initial partner countries, Ethiopia, Ghana, Kenya, Liberia, Nigeria, and Tanzania. The U.S. Government and the World Bank Group are working now on specific tasks and milestones which could help to achieve one quarter of Power Africa’s goal of generating 10,000 megawatts of new power in Sub Saharan Africa,_ Kim said. Read the rest of this entry »

Posted in Energy, Uncategorized | Tagged: , , , , , , , , | Leave a Comment »

World Cup Diary 8

Posted by Business in Ghana on June 29, 2014

From Kwasi Gyan Appenteng

The Mega-shambles in Brazil

As it was in the beginning, so it ended. There was a bit of brilliant football in between but who will remember that? Ghana in Brazil 2014 was a total shambles which we probably would wish to forget quickly. Unfortunately, and for completely wrong reasons not only will this mess stay long in our memory, it will cast a shadow on our sporting performances past and present. Let us look at the evidence.

In Ghana, we quickly find scapegoats for our failings and the culprit this time is our age old friend and enemy, money, described as the root of all evil. Mr. Kwasi Nyantakyi, the man who in any other country would have fallen on his sword has fingered money as the enemy within. It is not the last time money would get a bad press but on this occasion, ladies and gentlemen of the jury, may I plead that planning and not money should be in the dock.

Ghana qualified brilliantly doling out a magnificent victory over Egypt in Kumasi before finishing the job in Cairo. Between the qualification and the start of the tournament was sufficient time for planning. Not Ghana; we were not sure about anything including the final squad, friendly matches, money and of course officials and spectators. Read the rest of this entry »

Posted in Social Services, Uncategorized | Tagged: , , , | 1 Comment »

Ghana’s Black Stars: When football imitates life.

Posted by Business in Ghana on June 28, 2014

By Dr. T. P. Manus Ulzen, tulzen@yahoo.com

Our three matches have been renamed “should have,” could have” and “would have.” How could such a young, talented and the most admired team in all of Brazil have fallen so short of its goal?
We had barely finished bantering with the American fans close by, after our rendition of their national anthem. Before we could figure out which side was up or adjust to our seats, it was the debacle of Feyenoord Stadium all over again, only this time, in 34 seconds not 4 minutes.
Did the team and technical staff learn anything from the friendly with the Netherlands leading up to the battle of Natal? This is the World Cup but more importantly, this is Ghana v USA. This World Cup rivalry was a tournament all on its own and all of Brazil and the whole wide world was waiting with great anticipation for David of Ghana to fire his slingshot to fell the Goliath that was the US of A. Read the rest of this entry »

Posted in Social Services, Thad Ulzen | Tagged: , , , | Leave a Comment »

World Cup Diary 7

Posted by Business in Ghana on June 26, 2014

From Kwasi Gyan Appenteng

Faith versus realism in a high stakes game

I have been warned by my friends Akos and Yaa not to be pessimistic, or as they put it, “realistic”. Akos is insistent that this is not the time for realism. She even went as far as accuse me of mocking faith. What is my crime? It is like this: I believe that the Black Stars will probably play their final World Cup match today because …I do not believe that one point from two matches, and eventually four from three at the World Cup is good enough to take us into the knockout phase. I know it has been done before, but facing Portugal in this kind of situation must be sufficient grounds for dog-faced pessimism.

Let me explain this before I am sent to some kind of national inquisition that I don’t want the Black Stars to win. I want our team to win. There are many reasons for this. After rushing three million cedis by special arrangement to the players it would be such an anti-climax if they returned home by the same plane that flew in the money. I want to believe that the money would act as the spur to fire them to glory. But my main reason for wanting a Black Star win is to bring joy to the land.  Read the rest of this entry »

Posted in Social Services, Uncategorized | Tagged: , , , | 1 Comment »

World Cup Diary 6

Posted by Business in Ghana on June 24, 2014

From Kwasi Gyan Appenteng

Clutching at mathematical straws

One of the most widespread phobias suffered in Ghana is arithmophobia – the fear of numbers and arithmetic. There are some people who like me have been terrorized by maths since their primary school days when each school day started with “mental”, a quick-fire round of questions in arithmetic. In our case, our primary Class Six teacher, a tall gangly man used the “mental” as the pretext to beat us every morning. His trick was not to allow you time to think before bringing his long cane down on the poor pupil. Instead of producing a class full of enlightened kids the effect of this brutality was a class full of wailing children, many gnashing their teeth as well.

I mention this because suddenly even my arithmophobic friends, and there are a few, have all become ardent mathematicians. At the drop of a coin, or scoring of a goal, they can do the math and tell you how many points Ghana needs at every step in order to escape from the hermetic embrace of the Group of Death into the open spaces of World Cup football. Read the rest of this entry »

Posted in Social Services, Uncategorized | Tagged: , , , | Leave a Comment »

Decade after debt relief, Africa’s rush to borrow stirs concern

Posted by Business in Ghana on March 22, 2014

BY TOSIN SULAIMAN, JOHANNESBURG

(Reuters) – Nearly a decade after Nelson Mandela and anti-poverty activists Bono and Bob Geldof persuaded the rich world to forgive Africa’s crushing debts, many countries’ debt levels are creeping up again, which could undermine the region’s growth boom.  As African states line up to join the growing club of dollar bond issuers, economists and analysts warn of a slide back into indebtedness that could undo recent economic gains and create a “Eurobond curse” to match the distorting “resource curse”.  “Eurobonds have become like stock exchanges, private jets and presidential palaces.  Every African leader wants to have one,” said one investor, asking not to be named.

In 2007, Ghana became the first African beneficiary of debt relief to tap international capital markets, issuing a $750 million 10-year Eurobond.  Since then, previously debt-burdened countries, such as Senegal, Nigeria, Zambia and Rwanda, have also put their names on the list of bond issuers.  Governments seeking to replace declining foreign aid and pay for infrastructure are also taking concessional funds from multilateral institutions, more expensive commercial bank loans and bilateral financing from lenders like China and Brazil. Read the rest of this entry »

Posted in Financial Services, Uncategorized | Tagged: , , , , , , | 1 Comment »

The Improvement of HealthCare Delivery & Managing Its Cost Is Everyone’s Business.

Posted by Business in Ghana on July 28, 2013

By KwakuAdu-Gyamfi (Voice of Reason), Asuom, Kwaebibirem District.

Can our fragile NHIS withstand the pressure and demand of its services?

Ghanaians certainly have more choices of food than ever before. We now also have relatively more access to hospitals, clinics and medicines, and therefore should be a healthy society. But, Ghanaians’ health has been declining and our average life-span is reducing over the years.

To promote and improve on health care delivery and health wellness the people and government of Ghana need to think of healthcare system in a holistic approach, by  looking at the interrelated elements that affect the health of our people.

First, the food we consume has a major effect on our health. For example, the sugar, salt and fat content of our diets are perhaps  accelerating our speedy journey to the health facilitates and grave yard prematurely due largely in part to our blissful ignorance of what is actually killing us so sadly. Read the rest of this entry »

Posted in Health, Kwaku Adu-Gyamfi | Tagged: , , , | 4 Comments »

Stigmatization: a diversionary political strategy

Posted by Business in Ghana on January 2, 2012

By Prosper Yao Tsikata

The recent revolting development in Ghanaian politics, whereby stigmatization of certain individuals for perceived or real “abnormalities” is fast becoming a diversionary scheme to distract from the gigantic developmental issues that confront our country.

When news broke out in the run-up to the 2008 general elections that then National Democratic Congress (NDC) presidential candidate, John Evans Atta-Mills, was sick and hallucinating, party aficionados saw it as a propagandist scheme by the ruling government to stigmatize him in order to declare him unfit for the highest office of the land. While there are constitutional provisions that prohibit the sick from holding office, especially if the sickness potentially impedes his/her ability to discharge the duties of the presidential office, the accusation could be regarded as speculative in the absence of any tangible evidence. Read the rest of this entry »

Posted in Politics, Prosper Yao Tsikata | Tagged: , , , | Leave a Comment »

IMANI in top 25 most innovative policy think tanks in the world

Posted by Business in Ghana on January 25, 2011

Out of a total 6,480 think tanks from 169 countries, IMANI was the only African think tank ranked among the top 25 think tanks with the most innovative policy ideas around the world.  Again IMANI is one of only four African think tanks named in the top 75 global leading think tanks, and for the third time running, IMANI was ranked one of top 25 think tanks in sub-Saharan Africa.

Read the rest of this entry »

Posted in Franklin Cudjoe, Social Services | Tagged: , , , | 4 Comments »